🇮🇳India

BIS अनुपालन और प्रमाणन लागत (BIS Compliance and Certification Costs)

3 verified sources

Definition

GTRI identifies that 90% of 150,000 affected manufacturers are MSMEs facing 'significant burden' from compliance. The OTR Order covers 20 machinery categories and their assemblies/sub-assemblies/components. BIS certification requires testing against Indian Standards, mandatory documentation, and periodic surveillance audits. MSMEs cite lack of technical resources and infrastructure as barriers.

Key Findings

  • Financial Impact: ₹15,000–₹100,000 per product certification (testing + documentation + audit fees). Estimated annual MSME sector loss: ₹500–₹1,500 crores based on 150,000 manufacturers × 50% requiring new certification × average ₹50,000 per product.
  • Frequency: One-time per product SKU; recurring annual surveillance audits (estimated ₹5,000–₹10,000/year per product).
  • Root Cause: Mandatory BIS testing and certification; MSMEs lack internal testing labs; third-party certification fees are high; documentation burden; no standardized compliance tracking.

Why This Matters

The Pitch: MSMEs waste ₹10,000–₹50,000 per product SKU on redundant compliance documentation and testing. Standardized compliance software reduces certification cycles by 40% and eliminates rework.

Affected Stakeholders

MSME Production Managers, Quality Assurance Teams, Compliance Officers, Finance Controllers

Deep Analysis (Premium)

Financial Impact

Financial data and detailed analysis available with full access. Unlock to see exact figures, evidence sources, and actionable insights.

Unlock to reveal

Current Workarounds

Financial data and detailed analysis available with full access. Unlock to see exact figures, evidence sources, and actionable insights.

Unlock to reveal

Get Solutions for This Problem

Full report with actionable solutions

$99$39
  • Solutions for this specific pain
  • Solutions for all 15 industry pains
  • Where to find first clients
  • Pricing & launch costs
Get Solutions Report

Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

Request Deep Analysis

🇮🇳 Be first to access this market's intelligence